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Riding into the Sunset : The Political Economy of Bicycles as a Declining Industry in Korea

Park, Hun Joo; Park, Yeun-Sook - 2014

This paper investigates the causes underlying the tragic story of Korea's bicycle industry from what appeared to be as … the world's number one bicycle exporter by 1980, Korea's bicycle industry peaked in the late 1980s without ever reaching … 1990s. This paper examines three key causal factors: Samchuly-Kia's monopolistic complacency; Korea's industrial structure …

Persistent link: https://www.econbiz.de/10014028860